Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Explorys added 80 people after IBM deal, expects more growth 10:34:23 AM Explorys has added about 80 new positions since it was acquired by IBM last May. Now the health care data analytics software company employs about 220 people. Cleveland Clinic to make larger tech investments 10:27:34 AM The Clinic's business development team just spent several hundred thousand dollars to turn a doctor's idea into a full-fledged product. That's because nowadays, few medical technology companies are willing to license an early-stage prototype and... New twist in addiction crisis: Deadly painkiller impostors 10:20:04 AM Tennessee officials say they've seen two dozen cases in recent months of pills marked as the less potent opiates oxycodone or Percocet that turned out to contain fentanyl, a far more powerful drug. One official likened the danger to users playing... Price hikes doubled average drug price over 7 years: AARP Sunday, February 28, 2016 5:45 PM The average cost for a year's supply of a prescription drug doubled in just seven years to more than $11,000 -- about three-quarters of the average annual Social Security benefit. Proposed Medicaid plan turns Arkansas GOP against itself in primaries Sunday, February 28, 2016 5:30 PM Four years after Republicans commandeered Arkansas' Legislature by campaigning against the federal healthcare overhaul, similar attacks are being aimed inward in several GOP primaries that could play a role in determining whether thousands will...

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Nebraska faces gaps in prison nursing staff 10:30:00 AM Nebraska's prison system is facing a staffing crisis that it may not be able to overcome amid a statewide nursing shortage and the state's relatively low wages. Nevada officials to review group homes for mentally ill 10:15:00 AM Nevada will begin conducting independent inspections of group homes contracted by the state to serve the mentally ill, according to a state health official. Tennessee nursing home business founders did well as business tanked Saturday, February 27, 2016 5:45 PM The co-founders of a Hixson, Tenn., nursing home business paid themselves six-figure salaries and drove company-financed Porsches while failing to pay employees, utility bills, taxes and creditors.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare CMS issues safety notice at Washington state hospital 10:00:00 AM As Washington state's largest psychiatric hospital faces a deadline to fix safety problems or lose millions of federal funds, federal inspectors issued an "immediate jeopardy" notice saying the facility failed to protect patients from harm. Battle rages over Florida law limiting doctors' gun speech 12:01:00 AM As a pediatrician, Dr. Judith Schaechter can ask parents of her patients all sorts of questions regarding their safety and well-being: what the child eats, whether there's a backyard pool and whether the child gets enough sleep. Yet the question of... South Dakota governor to announce if he will pursue Medicaid expansion 12:01:00 AM South Dakota Gov. Dennis Daugaard's office said Friday that he will announce next week whether he'll pursue an expansion of Medicaid. Connecticut governor freezes big hospital deals until 2017 Friday, February 26, 2016 4:00 PM The governor of Connecticut has ordered the state's health department to hold off on approving any major hospital mergers and acquisitions until next year -- a move that could delay at least one big deal. Meaningful-use hardship exemption deadline extended Friday, February 26, 2016 1:15 PM The CMS has extended the deadline for hospitals, critical-access hospitals, physicians and other eligible professionals to file applications for so-called "hardship" exemptions from the meaningful-use requirements of the electronic... Select Medical pushes past Concentra costs to improved quarter Friday, February 26, 2016 12:30 PM Select Medical Holdings reported improved earnings in the fourth quarter and year despite being dinged for integration costs related to its joint venture operation of physical therapy giant Concentra. Ways and Means chairman Brady fights to keep his seat Friday, February 26, 2016 12:15 PM Texas Rep. Kevin Brady won the coveted chairmanship in November, but now faces tea party opposition for the seat he has held for 20 years. Kindred Healthcare seeks to diversify by becoming a post-acute benefit manager Friday, February 26, 2016 12:11 PM Kindred Healthcare's aggressive play to become a home health and hospice giant helped boost the company's revenue by $2 billion last year as the post-acute provider looks to diversify. Beaumont Royal Oak president to join Van Conway in new firm Friday, February 26, 2016 11:25 AM Only weeks after announcing his departure as president of Beaumont Hospital-Royal Oak in Michigan, Shane Cerone is joining Van Conway's new advisory firm.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Rubio attacks Trump for vague healthcare plan Thursday, February 25, 2016 11:25 PM Marco Rubio and Ted Cruz lashed out at Donald Trump in their raucous final debate before Super Tuesday. "What is your plan on healthcare? You don't have a plan," Rubio said. Trump responded he would allow insurance plans to be sold... McKesson pays $1.2 billion for oncology provider and specialty pharmacy Thursday, February 25, 2016 4:29 PM McKesson announced Thursday that it had acquired two oncology companies to bolster its specialty health segment. The combined transactions were valued at $1.2 billion, and are expected to close in the first quarter of fiscal 2017, pending customary... Oregon co-op files class-action suit over risk corridor payments Thursday, February 25, 2016 4:00 PM A shuttered Oregon co-op health plan filed a class-action lawsuit against the federal government Wednesday, saying insurers are owed as much as $5 billion in risk corridor payments. Kronick steps down as director of AHRQ Thursday, February 25, 2016 2:45 PM Dr. Richard Kronick, 63, will step down as director of the Agency for Healthcare Research and Quality. He will return to the University of California at San Diego, where he became a faculty member in 1991. Kronick's resignation is effective March 18. Stanford preps insurance products for Bay Area tech employers Thursday, February 25, 2016 12:43 PM Stanford Health Care, the Bay Area academic medical center, is entering the insurance market with a product that will be offered to Silicon Valley's technology companies. Blog: Affordable housing provides health benefits and savings Thursday, February 25, 2016 11:06 AM Affordable-housing advocates are urging federal and state governments to be flexible in the way Medicaid dollars are spent to address homelessness.They say it could reduce healthcare costs and improve patient outcomes.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Six states sue Obama administration over Affordable Care Act 7:30:00 AM The complaint that Texas, Wisconsin, Kansas, Louisiana, Indiana and Nebraska filed in the Northern District of Texas takes issue with the Health Insurance Providers Fee assessed to health insurers to cover federal subsidies. Most Americans embrace healthcare views of Democratic candidates 3:00:00 AM Six out of 10 Americans back the healthcare vision of either Hillary Clinton or Bernie Sanders, according to a new tracking poll from the Kaiser Family Foundation. However, Clinton's strategy of building on the Affordable Care Act carries the most... Amsurg still looking to buy after 2015 deals add to earnings Wednesday, February 24, 2016 7:46 PM Fresh off almost $1 billion in acquisitions in 2015, Amsurg is still looking for physician groups and ambulatory surgery centers to buy, CEO Christopher Holden said during a fourth-quarter earnings call Wednesday. Pew calls on states to improve oversight of compounding pharmacies Wednesday, February 24, 2016 7:00 PM Pew Charitable Trusts found that regulation of pharmacy compounding is mostly left to states, where laws and quality standards vary widely. Many states don't have clear oversight of compounding facilities, especially at alternative sites like... CDC finds flu vaccine nearly 60% effective Wednesday, February 24, 2016 6:04 PM This season's flu vaccine is so far one of the most effective since the government began evaluating influenza vaccine performance in 2003, according to preliminary data from the Centers for Disease Control and Prevention. The racial divide in the opioid crisis Wednesday, February 24, 2016 4:57 PM As the rate of heroin-related overdose deaths in the U.S. nearly quadrupled since 2002, the increase was less dramatic for minority populations than for whites. Experts say that's partly because physician bias makes it harder for minority patients... Senate confirms Robert Califf as head of FDA Wednesday, February 24, 2016 12:59 PM Senators voted 89-4 Wednesday to confirm Dr. Robert Califf after a handful of Democrats delayed action in a protest over the agency's inaction on the abuse of opioid painkillers. WebMD sees opening to tap into telehealth space Wednesday, February 24, 2016 11:12 AM WebMD CEO David Schlanger said Tuesday that it's "likely" the New York-based company could enter the telehealth space through either an acquisition or partnership, but he did not provide a time frame.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare HealthCare.gov 'passive' on heading off fraud 10:39:49 AM With billions in taxpayer dollars at stake, the Obama administration has taken a "passive" approach to identifying potential fraud involving the president's health care law, nonpartisan congressional investigators say in a report due out Wednesday. CDC: 14 more US reports of possible Zika spread through sex 8:06:43 AM U.S. health officials are investigating more than a dozen possible Zika infections that may have been spread through sex. The 14 cases all involve men who visited areas with Zika outbreaks, and who may have infected their female sex partners, who... Iowa gets approval to proceed with Medicaid privatization 7:45:00 AM Iowa can proceed with the privatization of its $4.2 billion Medicaid program but will need to wait until April 1 to make the formal switch, federal officials announced Tuesday. What ugly financial markets mean for Community's big spinoff plans Tuesday, February 23, 2016 11:52 PM In early January, Community Health Systems announced it would wait out the volatile market to spin off its $2.1 billion small-market hospital business. That wait could be a while. But experts say even a protracted delay is preferable to launching a... Clinton wants to let states establish public insurance plans Tuesday, February 23, 2016 4:06 PM Healthcare industry groups likely will not be pleased to hear that Democratic presidential candidate Hillary Clinton has just renewed her call for government-run health plans to compete against private insurers in the Affordable Care Act exchanges. WellCare's shopping begins with S.C. Medicaid plan Tuesday, February 23, 2016 11:57 AM WellCare Health Plans has acquired Advicare Corp., a Medicaid managed-care company based in South Carolina, marking WellCare's first acquisition in almost two years. Dems have empty pockets in push to treat opioid abuse Tuesday, February 23, 2016 11:08 AM Much of the legislation discussed at a Senate Finance Committee hearing Tuesday has bipartisan support, but Democratic senators said more needs to be done to treat people with addiction disorders. CMS seeks help stopping fraudsters before they act Tuesday, February 23, 2016 11:05 AM The CMS is in the early stages of searching for a contractor that would orchestrate an integrated outreach effort across Medicare, Medicaid and other federal healthcare programs to prevent fraud before it happens. TeamHealth faces big job absorbing IPC Tuesday, February 23, 2016 11:03 AM TeamHealth Holdings will look for select acquisitions of physician groups in 2016, mostly in the post-acute setting, after swallowing giant IPC late last year.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare eClinicalWorks plans to compete for hospital EHR business 8:00:00 AM Another developer of Web-based electronic health record and practice management systems originally designed for physicians is pushing ahead with plans for a hospital EHR. Tenet offers $238 million to settle Georgia kickback allegations Monday, February 22, 2016 6:15 PM Tenet Healthcare Corp. has offered to pay $238 million to resolve a False Claims Act lawsuit involving alleged kickbacks for maternity referrals by four of its Georgia hospitals. The Justice Department is also pursuing a criminal investigation of... Medicare to cut payments to employer-sponsored Advantage plans Monday, February 22, 2016 3:06 PM A new federal proposal would slash overpayments made to Medicare Advantage plans sponsored by employers and unions years after an advisory board recommended the policy. Obama says nation's doctors key to fixing opioid abuse epidemic Monday, February 22, 2016 2:03 PM The president said Monday that doctors can make a difference in reducing the rate of prescribing of opioid drugs, which is cited as exacerbating the nation's drug abuse epidemic. His comments came in a question-and-answer event with the National... CMS launches new Medicare provider database Monday, February 22, 2016 2:02 PM The CMS has unveiled new data sets searchable by the public to better track provider availability and utilization of certain services by Medicare fee-for-service beneficiaries. Pittsburgh-area hospital joins the price transparency trend Monday, February 22, 2016 1:12 PM St. Clair Hospital in Mount Lebanon, Pa., Monday unveiled a new tool, built by Experian, that offers cost estimates of deductibles, coinsurance and copays for more than 100 procedures including blood tests and some surgeries. 'Black box' FDA warning urged for opioid and benzodiazepine combo Monday, February 22, 2016 11:53 AM Public health officials are calling on the U.S. Food and Drug Administration to use its strongest safety warning for the risks of combining pain relievers with anti-anxiety medications, which they say is contributing to the sharp rise in overdose... Acquisitions, staffing fixes set up Envision Healthcare for 2016 Monday, February 22, 2016 11:50 AM Envision Healthcare has fixed some problems with physician overstaffing and money-losing hospital contracts as it prepares for a year of revenue and earnings growth, CEO William Sanger says. Obama seeks to add teeth to MLR in managed Medicaid overhaul Monday, February 22, 2016 11:48 AM The finalized rule that will overhaul managed Medicaid as the country knows it is mere weeks away from being released. Ahead of its unveiling, the Obama administration is turning to Congress to add more enforcement "teeth" to a key policy in the...

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Blog: Republicans and Democrats head for a healthcare reckoning after Saturday primaries Sunday, February 21, 2016 2:12 PM The fate of the Affordable Care Act and the shape of the future U.S. healthcare system is likely to be a major issue in the general election. There also could be a war of words and advertising over the future of Medicare and Medicaid.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Hospital prices are still hard to come by (and not very useful) 12:01:00 AM Consumers may have the legal right to get price quotes from hospitals, but that does not mean it will be easy or useful if they do, according to a policy think tank that dispatched mock consumers to test how accessible the information is in the real...

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